That isn't what he meant, and I think you know it. Seriously, if you don't, I'm confused.
There was a lot more to the speech. For example:
"And when you think about why, in the African American community at least, there's a lot of pain around what happened here, I think it's important to recognize that the African American community is looking at this issue through a set of experiences and a history that doesn't go away."
Emphasis mine. Please don't downplay that. It's not distant enough history.
More:
"There are very few African American men who haven't had the experience of walking across the street and hearing the locks click on the doors of cars. That happened to me – at least before I was a senator.
"There are very few African Americans who haven't had the experience of getting on an elevator and a woman clutching her purse nervously and holding her breath until she had a chance to get off. That happens often."
He added: "And I don't want to exaggerate this, but those sets of experiences inform how the African American community interprets what happened one night in Florida. And it's inescapable for people to bring those experiences to bear."
Do you think he's wrong? I know he isn't, because I have seen the first happen, and I have done the second two (or versions of them - call it a heightened wariness based on color) myself. I'm not proud of it; it's a reaction I can't always help, depending on where I am, what the person looks like, etc.
Please stop cherry-picking; if you dislike all he said, let's talk about that. Taking the worst possible view of Trayvon's personality and then accusing the president of sympathizing with that is disingenuous.